Brussels,

​The EU budget is currently composed by 2 financial instruments

1. Multiannual Financial Framework (MFF) --> ​€ 1,210.9 billion

  • EU’s long-term budget to finance EU Programmes for 2021 - 2027

 2. NextGenerationEU --> ​€ 806.9 billion

  • ​A​ temporary and additional  instrument to help member States to recovery faster from COVID-19
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